A recurring issue for many business lawyers involves an employee who receives stock subject to vesting conditions. The normal approach is to have the employee file a “Section 83(b) election” with the IRS within 30 days of receiving the stock. The Section 83(b) election is an election to recognize any income associated with the stock grant immediately upon receipt of the stock. If the employee does not file the Section 83(b) election within 30 days of the grant date, the employee is generally forced to recognize the stock value as income as he or she satisfies the vesting conditions – which will often happen at a time when the stock has appreciated and the amount of taxable income has correspondingly increased.Read More

Recently, there’s been a lot of press about a new study showing that student evaluations of college instructors do not actually correlate with teaching effectiveness. In fact, the study shows that student evaluations are better at measuring the unconscious bias of the evaluators (here, students) than they are at assessing the performance of workers (here, teaching assistants).Read More

ACBA Environmental Law Section Executive Committee members Jason Holder and Jewell Hargleroad interviewed the Honorable Evelio Grillo concerning his experience presiding over litigation under the California Environmental Quality Act (“CEQA”) and any advice he may have for practitioners.Read More